More widows and orphans to suffer?

kaspaas

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Biggest-ever fraud case edges towards R1bn

Nineteen men and women, including the country's biggest retirement-fund administrator, have appeared before the Special Commercial Crime Court in Johannesburg for the country's biggest white-collar fraud case.

Alexander Forbes, the giant retirement fund administrator, along with 18 top business executives are accused of siphoning more than R900-million from several retirement funds....

http://www.iol.co.za/index.php?set_id=1&click_id=13&art_id=vn20070227121010176C973446
 
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